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It has become a truism in politics that 'corporations have become too powerful'. Few people understand, however, that there has been a vast shift in global power between 1990 and 2010; corporate power has now exceeded national power and global economic structures now have unchecked control over democratic governments. Power has passed to multinational corporations who have no country, owe allegiance to no government, and answer to no nation. They have become supranational. This book is a history of corporations, as they grew from small tightlycontrolled public works to huge quasigovernmental behemoths who now have literal veto power over elected national governments.
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